1101 4Th St Eureka, CA 95501
- Office Properties & Spaces
- 0.18 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1101 4Th St
- Lot size
- 0.18 lot acres
- Zone code
- OR-AR
- Property type
- Office Properties & Spaces
- APN
- 001-173-010-000
- APU
- 1173010000
Description
This exceptional 0.33-acre commercial property, located at 1101 4th Street in Eureka, California (zip code 95501), presents a unique development opportunity. The property, encompassing three separate parcels, boasts a total of 3,700 square feet and sits at a signalized intersection on Highway 101, ensuring high visibility and accessibility. Its strategic location next to the Carter House in Eureka further enhances its desirability. The property is zoned OR-AR, allowing for the construction of a multi-story structure, maximizing both visibility and utility. This zoning designation opens the door for a variety of development options, including mixed-use or commercial projects. The high-traffic location makes this an ideal site for a business seeking maximum exposure. The asking price for this prime development opportunity is $900,000. This is a rare chance to create a landmark project in one of Eureka's most desirable and visible locations. Don't miss this chance to capitalize on the potential of this exceptional property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $490,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $535,000
- 6.5%
- $610,000
- 7%
- $570,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $590,000
- Geo Method
- $550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $530,000
- Retail
- $645,000
- Mixed-Use
- $580,000
- Hospitality
- $550,000
- Educational
- $490,000
- Residential Income
- $530,000
- Energy
- $465,000
- Income-Based Land
- $515,000
- Food Service
- $465,000
Location Insight
- Map
- Local Demand
- City
- Eureka
- County
- Humboldt
- State
- California
- Longitude
- -124.159
- Latitude
- 40.804
- CBSA code
- 21700
- CBSA name
- EUREKA-ARCATA-FORTUNA, CA MICROPOLITAN STATISTICAL AREA